The Economics of Solar Energy

Oscar GalvezEric Rosales

Kevin Santos

Introduction

“China has leapfrogged the West to emerge as the world’s largest manufacturer of solar panels” (New York Times)

Local Production

Solar Energy

An energy that is distributed

worldwide.

Quietest, safe, and clean.

Production of solar panels

Incentives

Local buildings and homes

Installation and Maintenance

American Solar Energy Society

9 million jobs and $1,045 billion in U.S. revenue in 2007

The renewable energy industry grew three times as fast as the U.S. economy

Large Plants

Large plants Creates more jobs Helps us not use other resources The large out there

Graph of employment rate

Construction jobs in Calfornia

Grid Saving Cost

Grid Saving Cost

Fossil Fuels expensive Save money Solar energy use more

Fossil Fuel VS. Solar Energy

Fossil fuels running out Nonrenewable Power plants with pollution Renewable Solar energy is free. Price of energy is dropping

Cost

Fossil fuel is cheaper Solar energy dropping 2020 should be last than Fossil fuel

price